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Reference M5711
Turnover £ 40,000
Price
£395,000
Features
Large Cash & Carry For Catering Businesses
6 DAYS OPENING
LARGE PARKING TO THE FRONT
3 VANS (2 refrigerated)
Large industrial PREMISES in the region of 7,500 ft² with Roller shutter doors, Concrete floor, LED lighting, modern adjustable shelving. Forklift, 4 pallet pump trucks, CCTV system (8 cameras, 2 monitor)
Checkout Kiosk with EPOS till
Drivein coldroom.
Drivein Freezer.
2 Offices with PC & IPAD system.
Staff Toilet with w.c. and wash hand basin.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £40,000 p.w. with a Gross profit of 10% approx. (75% DELIVERIES)
Staff
The business is at present operated by the 2 partners with 2 full time staff plus 2 drivers.
Trading Hours
7 Day week
MONDAY - FRIDAY 9am - 6pm
SATURDAY & SUNDAY 1pm - 5pm
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £42,500 p.a. + VAT
Business Rates from April 2024 £3,300 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £395,000 plus STOCK AT VALUATION (£200,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 197,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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